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will read for the sake of going fast. obama wants unilateral power. that's my reading. to increase the debt ceiling and the g.o.p. says no. number two, obama wants $1.6 trillion, eleanor, in new tax, the g.o.p. says $800 billion. number three, obama wants spending cuts deferred. g.o.p. wants specific cuts agreed to now. number four, g.o.p. wants wide entitlement cuts. obama says no. i will give you another one. number five, obama wants new stimulus money, the g.o.p. says no. >> okay, which one, what do you want me to address? >> i want to know whether those are all resolvable before the new year? >> yes, this re resolvable. on the debt limit, it was a republican idea when president bush was in the power to raise the debt limit, which is to pay bills that have already been accrued, and that the congress could override it. the congress could object. and mitch mcconnell put that bill forward on the floor this week, thinking he was going to embarrass democratic leader reed, and reed said let's go ahead and vote. it and so then mcconnell filibustered his own bill because he got afraid the democr
that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and start working with president obama on true pro growth tax reform, but again, it sounds like treasury secretary geithner is happy to take the economy off the fiscal cliff, and again, if president obama wants to do that, he can do that, it sounds like that's exactly where he wants to go, and you know, what is kind of amazing, maybe republicans should take, you know, a victory lap from the fact that we've actually convinced democrats it's a good thing to maintain the bush tax cuts for at least 98% of the american population. i guess that's a good thing. i hope, i hope if president obama decides to increase taxes on the top two percent at a minimum he exempts business income. people or businesses that report their income through subchapter s, that would be a positive sign. maybe he can give some g
.5%. if we do what president obama wants to do, it will only increase the gdp by 1.25%, having said that, it's just not about tax cuts, doug, it's more about cutting wasteful government spending. >> i was going to ask doug about that. doug, would you admit. since we have a democrat in the white house and also, the senate is democratically controlled. would you agree and how much is there of wasteful spending in washington? >> oh, there's a lot of wasteful spending, it's been around for before president obama was in office. and as i said before, he has, with the house republicans has already signed in law a trillion dollars in cut. and he'll do more. and i think that's encouraging and i think that shows he's willing to be plexable there, to angela's point which i agree with, a lot of what you're seeing is political theater. >> jamie: we're running out of time, doug. >> i agree. and that's true, but look, neither side wants to go over the cliff. politically it would be disastrous. >> for both sides. >> exactly, and for the president, he's the got an ambitious agenda next year, he wants to do c
make a compromise. as he said today he's not getting anywhere at all, okay? mr. obama wants higher tax rates. he also wants more revenues from capping deductions. he wants no entitlement reform or nothing to speak of. no discussion of spending cuts. obama wants even more spending increases. and a lot of republicans, conservatives, are saying you know what? we don't want a tax hike at all. we give boehner credit but we don't want a tax hike. this is not the time. it's a very anemic economy. let's just let the democrats have their tax hike and we'll be done with it. other than that, jimmy, i don't think this thing gets done. that's what i'm coming around to. >> well, i think that there's a chance to that. a chance for that to happen in the scenario that you just described. but i don't think that is what happens. frankly, i think with the vice president saying today that the issue of whether the top rate is 39.6 or 37 it's really doesn't matter. that was a huge olive branch as our colleague just said. this is a signal, a smoke signal like a vatican smoke signal sent from the administratio
the duchess was recovering. >>> formal request may go for aid. president obama wants congress to approve more than $60 billion in aid for new york, new jersey, other states. a congressman from new york confirms he expects the request to be at that level. governor comeaux is said to be pleased with the dollar amount. in the vineyards and farms of sew know may there is a place that saves lives. a school for boys troubled or hurt. >> good morning. >> reporter: that's nick on the left anchoring the hannah boys' center news. good grades, college bound. hard to believe this is the same kid who came from juvenile hall in 9th grade. >> i would have to describe nick as a rival here at hannah as one of a broken human. >> i was giving up. i was to the point where i was done. >> reporter: his parents were addicted to drugs. he is the toddler on the left. his parents would leave the children alone for days. one time in a motel. >> we didn't have money. we had video games which kind of kept us busy. >> reporter: what did you do for food? >> we didn't have any food. >> reporter: they moved every few months.
taste this soup. >>> i'm craig melvin. president obama want congress to cut a check for $60 billion in aid to hurricane sandy victims. house leadership hopes to get the money flowing fast. >>> video captures a 7.3 quake off the coast of japan. several people were reportedly hurt. >>> and sad news from the london hospital where kate middleton was treated. a nurse who fielded it the call that was a hoax call has taken her own life. she was a first-class nurse, says the hospital. back to "hardball." >>> well, this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> welcome back to "hardball." that was speaker boehner's downbeat assessment of fiscal negotiations. he went on putting blame squarely on the president. let's listen. >> this president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious, to come back to us with a counteroffer. >> shortly after, hou
. why? he wanted that money for obama care. how is it possible that the very people that have squandered your retirement, have brought us to the brink of becoming greece, the people that are stealing from their children and breaking open their piggy banks, how can they call people who pay half of the taxes greedy? they're the ones that are agreey, they're the ones that are selfish, and they're the ones that have spent beyond their means. you rarely hear that. why is that? the left controls most media outlets in the country and they define compassion and generosity by spending other people's money. this is a selfish, massive power grab and this is done by greedy politicians, you know, the ones that claim they care about you as they crat -- as they create d see, there are 18 mor million me americans on food stamps. 50 million americans in total on food stampletion. one in six americans live in poverty, millions more living paycheck to paycheck. i suspect with all the government compassion, i believe people would rather live debt-free. there's a lot of good time spending their money and the
it is that it puts the economy in a second recession, and heaven knows that's the last thing that obama wants. so the pressure on obama may not be immediate, but it is there. let's remember, by the way, chris, i think it's always important to remind people, your viewers, what we're talking about here. if we all end up diving off this fiscal cliff, it doesn't make the deficit worse. it makes the deficit better. it would go a long way toward curing the deficit, but the deficit isn't the immediate problem for most people, the weak economy is. >> i agree. >> and if we dive off the fiscal cliff, the economy could get much weaker. that's -- >> by the way -- >> -- millions of americans. it's a problem for barack obama. >> just to back you up, i really think the great thing is the economy is just starting to lift up. the unemployment rate is really starting to come down. we're getting good job production. thank you so much, ladies, for coming on tonight. thanks for the sharp thinking we >> just to back you up, i really think the great thing is the economy is just starting to lift up. the unemployment rat
reform under reagan reduced that to 50% in 1981. closer to current levels in 1986. today president obama wants to let the bush era tax cuts expire for the wealthy americans only kicking up their marginal federal tax rate from a 35% bracket to 39.6%. we are talking about a 4.6% uptick for households making more than $250,000 a year only on every dollar they make above $250,000. that's why it's a marginal tax rake, only on the money you make on the margin. stephen moore is here from the wall street journal and he's ready to jump out of his skin after i said that. he specializes in telling me why i'm wrong. and our other guest, david johnston wrote "the fine print." stephen, you are our resident anti-tax crusader. i totally agree every penny counts when it comes to your own money. when you compare the taxes most americans paid in past decades i don't get why republicans are screaming bloody murder about this. what would be so bad with the wealthiest among us chipping in a little bit more? i'm emphasizing just a little bit more. >> when you showed that chart of the tax rates that was exactly
of saving lives. >> do you want to jump in? >> give one piece of advice to president obama and the u.s. administration, is doing the exact opposite of my good friend has said. never, ever show mod -- mod cities city when you're negotiates with middle eastern. we know something about trade and negotiation. you go to the negotiation with limited expectation and modesty, you lose everything. you have to start here. this is the attitude you need to have. >> i wanted to question about the relationship between a strategy of economic pressure, which the u.s. and the west is pursuing against iran, and human rights. i guess the -- i'd phrase it this way. the u.s. claims and the p-5 claim that the sanctions have -- there's a lot of evidence for it, really devastated the oil experts of iran and devastated the currency. there's a counterargument that sometimes you punish average iranians in the appropriation but nevertheless, there's clearly the first time in a long time evidence we have sanctions that made may deserve the frame crippling to be aattached to them. do you have any evidence -- mayb
they voted for obama want to seek compromise. we asked of those who identified themselves as voting for governor romney, should the republicans in congress compromise or remain firm. a smaller amount of that group believes compromise is necessary then the president's coalition. within this, while there is a great difference of opinion in terms of what a good compromise is come or what you should compromise on, there is this real energy around compromise. thinking about four years from now, the end of obama's second term, by that time you think the economy will improve? 51% say it will improve, and 39%, and economic well-being of the middle class -- i have to catch up with my slides here. there we go. the deficit and that will improve is 34%. the one thing they are certain is taxes will increase and government spending will increase. in the next four years, how effective do you think the government will be on each of the issues? this is how it basically stacks up. insuring long-term future entitlement programs, social security, medicaid, 65% think that what happened. 64% say creating
the right to make decisions. obama won the election. we won seats in the house. the american people want action and it is undemocratic. it is un-american when a small minority can deny the majority from going forward. >> and senator, the fiscal situation they are dealing with in washington, it doesn't look like we have made a lot of progress. what are your thoughts on that? >> well, it shouldn't just be the speaker and the president. it should be the voice of the american people. it should be the senate and should be the house. on these issues, ed, the election mattered. and poll after poll tells us the same thing. not a lot of debate but that's what the american people want. >> that's not getting through to speaker boehner. >> and that's why the president and the democrats have to stand tall. the democrats must not snatch defeat out of the jaws of victory. we have the american people on our side. we won the election. poll after poll tells us. the american people understand president and the speaker alone in negotiations. what are your thoughts on that? >> well, it shouldn't just be the
and social security sacrifice, but the top one% or 2% don't. you have obama who wants us to go over this cliff and raise ks tays -- raise taxes on everyone and he can blame the republicans on what happened. i think that's the game plan, and i think it is outrageous he is doing this. >> thank you both for joining us. >> thank you. appreciate it. >> and for much more on the fiscal cliff on fox news sunday chris wallace has an exchew sigh sit down with charles schumer and bob corker. that's on fox news sunday. check your local listings for times. >>> ♪ gangnam style >> a global sensation, if you will now apologizing for his anti-american lyrics. his name is psy in case you didn't know. his style is called gangnam. it is a dance video and the most watched video ever on youtube with 900 million hits. but the south korean singer is saying he is sorry for his past comments criticizing the u.s. military. psy's apology coming days before he is scheduled to perform in front of president obama. >>> new developments in the tragedy involving the prank phone call targeting kate middleton. we ar
, it was october of 2008 when he was senator obama wanting to be president obama. he was concerned about the deficit and the debt. listen to what he had to say back then. >> the problem is the way bush has done it over the last 8 years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents, number 43 ed a $4 trillion by his lonesome so we now have over $9 trillion of debt that we're going to have to pay back. $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >> so, unpatriotic. >> the hypocrite in chief says in 2008 that 5 from is unpatriotic but now we're up to $16.4 trillion. that's okay. by the way we move my credit card limits. he doesn't want a debt ceiling going forward. >> debt ceiling no more can congress deal when the president says we're going to raise the debt ceiling. no squabbles back and forth. >> let me get this straight. borrow $4.8 billion a day and now we're coming to the edge ever the fiscal cliff. republicans are saying hey, let's continue
. at the same time, he understands that in order to get that, he has to give the republicans something they want. by the way, the same republicans who ran a campaign with president obama cutting $716 billion out of medicare, all the sudden want tremendous cuts in medicare. i think we'll get a deal. we have to. i think the president understands that. neil: i know we have to, but we've been this way before. here's my worry, that a bad deal could be worse than no deal. a bad deal, let's say there's cuts, and i don't envision many, your comment, though, withstanding, because i don't see the resolve for it because even slowing growth in a program is opposed by unions, the congressional black caucus, 101 democratic congressmen, when it comes to social security, whether that should or shouldn't be part of the discussion is going to remain as a zeal to raise taxes over cutting spending. that's what worries me. >> well, you know, neil, i sit here in the financial markets, and so my concern all the time is protecting and preserving individuals and corporations' wealth. i look at this, how does it affect t
the government wants under your hood gives washington access to everything about you. the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their point, administration's point would ascertain the reason behind an accint and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately, speeding down the road, breaking, not paying attention, didn't belt in, and suddenly, there's something that records all of that activity that can say, wait a minute, it's not the product. it's the manner in which the product was used. it's going to save lots of money for the corporations who create the cars, two, it can provide insighas to whether there's criminality. someone speeding down the road at 120-130 miles per hour -- neil: that's the creepy part to me. >> 100% big brother, monitor everything you do, every road you're
fighting stimulus spending now? why? is it they don't want to see president obama succeed or do they believe spending more money is not the right thing to do? >> i think both of those are true. they do not want him to succeed. there's no question about that. they are certain spending more money is wrong. we need to be fixing our infrastructure and creating jobs and making the economy run better, but they are trapped. they have sold the public on the same idea that we once had sold to us that the earth was the center of the universe. it's dogma. they can't abandon their dogma. >> john boehner says cutting taxes on small businesses will help create jobs. is he right? >> no. nobody creates a job to get a tax cut. you create jobs when you have more customers with more money to spend on product and services. it's getting money throwing through the bottom 90% of the economy. >> we're seeing record levels of long-term unemployment right now. this is the angst in the economy. even though it's dropped to 7.7%, millions of people have been out of work for 27 weeks or more. long-term unemp
it is hard to find signs of progress in washington as president obama and john boehner want to find agreement on the fiscal cliff. what is not being said is also important. what is not being said is also important. here is dana bash, senior correspondent. >> reporter: the house speaker ended the week with a progress report, none. >> when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone, only once all week, and it didn't produce much. >> just more of the same, it is time for the president to be serious, to come back to us with a counter offer. >> reporter: but what may have been most notable what was john boehner did not say. he did not repeat his demand to keep taxes cuts for the wealthy in place, the biggest issue that divides them, instead he said this. >> there are a lot of things possible for the revenue, to put on the table. but none of it will be possible if the president insists on his position, insists on my way, or the highway. >> reporter: aides to john boehner
of, sort of maybe entertained the idea of giving president obama what he wants on tax rates, at least rhetorically. >> even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion deficits for as far as the eye can see. listen, washington's got a spending problem, not a revenue problem. >> joining me now are richard wolffe, the executive editor of msnbc.com and an msnbc political analyst, and robert reich, former labor secretary and a professor at the university of california berkeley. he is also the author of "beyond outrage." richard, i want to go to you first here. the president talked quite a bit in the election cycle. >> quite a bit. >> he did, period, about the fever breaking amongst republicans in congress . >> yes. >> it's been quite feverish of late, which is to say a lot of back and forth, a lot of hot air blown from the house caucus. i wonder if you think that fever might be breaking with the suggestion john boehner said, even if the president gets his way on tax rates, which would seem to open the door to that possibility. >
to be that president obama won the election and therefore should do what he wants and the media seems to forget na john boehner and everyone else won their elections as well and they're a co-equal branch of government. >> i think the media loves the story of president obama's comeback and the new york time describes him as disciplined and unyielding and focused on this and i think there are other media stories as well. the second media story or narrative. which one wants to grow by virtue of the tax increases and get new perspective from the mainstream media and the third is mcconnell and boehner back and forth. and the media want to praise him if they raise taxes and. the sort of grover norquist and he's a funny kind much a guy and during the interviews, endearing, and put the burden on him and the third is rebellion and charles krauthammer and steve forbes and the media like that story the least. >> i think there's a 6th story, jim. which is the media that quote progressive media of msnbc, tipping down to the white house to have an earnest chat to chat with the president about how important not going
issues out there. those top rates will raise -- even if president obama gets everything he asked for, about 400 billion. and he wants $1.6 trillion. that's one quarter of the revenues he's seeking. gwen: politically that seems to be the fight he wants to have. >> he wants to put the republicans in the box and blame them for this. let them feel the political pain that comes with this. because his position on this polls very well. most people in this country say they want the president's solution. the trick is most people on capitol hill know that and can they find an artful way to get to a deal where they don't feel too badley humiliated. they're going to lose on the politics eventually i think everyone thinks. can they do it and will the president let them grace fully? -- gracefully? >> we haven't heard a lot of sniping or leaking but when do they start getting antsy? >> he's never had more power or influence than he has right now over them. they had a rough two years and one of the worst reputations of any congress in history for its lack of achievement and he, through that past two
is probably. >> brenda. >> between positive 11, positive 12 swing. everyone keeps talking how the obama plan isn't going to work and it isn't going to work and the data seems to show the difference, which is to president clinton's point if you want to live like a republican, vote for a democrat, they'll give you better economics. >> brenda: gary b, go ahead. give your best. >> well, you know, julian's very good at raising the straw man. i don't recall everyone saying the market was going to tank if obama was reelected. to sate that oh, it didn't tank, that's kind of silly. the other thing, every time the tax rate has been tried to stick it to the rich. 91% tax rates during fdr years and failed miserably and they've gone back and ended up lowering the rate. it's such a good idea and look for historical examples where it worked. it hasn't worked. if julian wants so much the clinton tax rates, that's fine, i'll go along with that if we had the clinton era government spending which we don't. >> brenda: okay. all right, we've got to go. thanks, guys. so, see this? last year, it was a union uproar
? president obama was crystal clear about what he wanted. >> i have said that for incomes over $250,000 a year that we should go back to the rates that we had when bill clinton was president. i want to reform the tax codes so that it's simple, fair, and asks the wealthiest households to pay taxes on incomes over $250,000. the same rate we had when bill clinton was president. we have to ask you and me and the wealthiest among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back to the clinton tax rates. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts, any room to negotiate, on that specific asp
the debt ceiling problem. it gives barack obama the right to print money to spend as much as he wants to. melissa: there is one catch, ian. one point they make we're not printing it to spend money. we already spent this mon. it's gone. so we're just sort of fixing part of the debt problem. >> you could make $3 trillion coins which is why it won't happen. the reason it won't happen is politics. if they do this and get away from the debt ceiling thing it gets republicans off the hook. from obama's perspective leting a deal not hpen and falling over the cliff, all the polls show republicans will get blamed for that. why would he want to avoid that? melissa: jonathan, are there obvious inflationary problems on this? someone followi us on twitter says you will need it to buy a loaf of bread soon. what do you think? >> this is one ounce platinum coin. you can put any value that i want but has real value of $1600 a ounce. if they think this plan works you have to be in the chain gang or belief in the tooth fairy. it is delusional on its face. reality exists. it can't be conned. ashe panel point
clinton. but now, president obama's man at the fcc -- they were friends in law school -- apparently wants to do what the republicans couldn't do under president bush, and to do it behind the scenes, out of sight, with no public hearings. several public interest groups, civil rights organizations and labor unions opposed the move, and last week, senator bernie sanders and several of his colleagues called on chairman genachowski to hold off. bernie sanders is an outspoken opponent of media consolidation. he sees it as a threat to democracy. once the mayor of burlington, vermont, he served 16 years in the house of representatives and was recently re-elected to his second term in the senate. he's the longest serving independent in the history of congress. he was in new york earlier this week and we met for this interview. welcome. good to see you again. >> good to be with you, bill. >> this is a strong letter, inspired one of your colleagues in the senate says, by you. what's the beef? >> what the chairmanf the fcc is now talking about is making a bad situation much worse by loosening up the
, republican, democrat, independent, president obama, those who voted for governor romney, they want to see compromise. what they find as an acceptable compromise is very different. there is a notion that they want to seek their government working together. that is a strong point of view right now, and that of is the create some opportunities. it bobbies the creates some complicated waters to navigate. the conflicting priorities issue. the single highest priority on the to do list is the budget deficit. people talk about this being a problem that they want to see addressed. they are very concerned about how that creates an economic environment that puts them at risk, but they immediately move, if that is table stakes in terms of taking care of the basics of issues, they then moved to things that have much more tangible meaning. they focus on jobs, wage growth, getting more disposable income into the household. ec at one level, the abstract, the debt level and the fiscal cliff and an immediate transition, where they would like to see effort. and finally and interestingly, all of this battery
it as a phenom nan of the recession. but under president bush and president obama, we have seen a rise in the food stamp program, it is so large it is supporting a large bureaucracy that wants to fuel the growth. four billion in administrative costs. they don't want to lose their jobs either. >> victoria brings up a point. there is it a industry of bureaucracy that is created around all of these poverty programs. not just food stamps. if you add up all of the poverty programs excluding social security. it comes up to $22000 for every poor person in america. why not just get rid of the bureaucracy and cut them a check. >> we could have a great idea and debate. going back to food stamps and the idea of government promoting that. we have a farm bill that proposes four billion in cuts to the food stamp and the agricultural committee chair woman said they would be more open to cutting back more. >> rich, i see all of the advertising of the government to put people on food stamps and 15 million more people on food stamps after that government program, isn't there a relationship there? >> the
was excited when i heard president obama and his administration beginning wanting to promote high-speed rail. unfortunately most of the money, the $10 billion, does not go for high-speed rail. they chose instead to support almost 150 projects and the number is growing, and a lot of that money has been left behind. in fact, most of the money that has been rededicated to high-speed rail has been sent back by states, including my state, the state of florida. we had a bait and switch propoise sal for high-speed rail. the actual speed what 84-miles-an-hour. 84 miles and took one hour to transit the distance of the proposed lincoln central florida. and that is not high-speed. high-speed is at least -- and by our definition, 110 miles-per-hour average. that doesn't mean the train gets up to 110, 150. 160 miles for some stretch. we're talking about the average speed. there's also a bait and switch in ohio. we were looking at 39 miles to 58 miles an hour. that money was wisely turned back. there was a similar proposal in wisconsin. that money was turned back. and unfortunately, the beginning of the w
replaced what was exceptional country with a tolerant country. it is why president obama went around the world. not because america was exceptional but wanted them to know we want to be liked and told we are not so bad. that never works. we see that now with the arabs spring. the arab nightmare. in closing i always like to say even though i don't know what i'm going to say, in closing the cool are in the driver's seat right now and we are in the passenger seat. tool like james mansfield. .. >> once every four years, this is like their romance novel. running for office is their romance novel. they are into it. their cars run for office. when you see them, they have bumper stickers. it's like they want you to know how they feel all the time. going off topic here, i was interviewed by a knoxville paper today, one of the worst interviews ever. it was awful. so the first -- she did some kind of softball question, and then she started asking isn't your book just what fox news says? and i go, can you give me specifics? [laughter] there was, like, 40 seconds of silence. [laughter] i go, no,
. >>> and now, we want to take you to washington to update you on the fiscal cliff tonight. 25 days from now, and today, something new. president obama and speaker of the house, john boehner, decided to take charge together. they dismissed other members of their parties, saying they will hammer it out together, try to move the deal forward. >>> and also today, encouraging new jobs report. employers added 146,000 jobs last month, defying the predictions and the disruption of hurricane sandy. the unemployment rate fell to 7.7%, that's the lowest level in four years. but tonight, 12 million americans are still unemployed. and the new jobs number, the fiscal cliff, all of it will be on the table when george stephanopoulos sits down with a turbocharged powerhouse round table. james carville, mary matalin and nobel prize-winning economist paul krugman, on sunday for "this week." >>> and now, we go overseas to syria, where people are fleeing amid fears that the assad regime will unleash chemical weapons. the region around the capital, damascus, now a battle zone. 2 million syrians now on the run, m
negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists on my way or the highway. >> you hear what he said? a lot of things are possible. that may not sound like much where you're from, but here in washington, it sounds suspiciously like code for we're making progress. more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? "outfront," two men who know
obama would ask congress for $60.4 billion in aid for states impacted by hurricane sandy. still that was less than the $82 billion the states wanted for rebuilding. millions of homeowners and businesses that were in the path of hurricane sandy are waiting fo checks as the long rebuilding effort begins. ruben ramirez spent a day with an insurance claim adjuster touring one of the hardest hit areas. >> reporter: it's the calm after the storm. empty streets. houses ripped from foundations. boats sandwiched between homes. remnants of the famous jersey shore boardwalk. >> what makes this storm different is the large amounts of sand that it brought with it. that's how it was different than katrina. the sand is bad. >> reporter: karl new is one of about 30 claims adjuster's american modern insurance dispatched to new jersey, new york, and connecticut. for the barrier island off the coast of new jersey, it was north of the eye of the storm but think of it like a windmill spinning counter-clockwise. >> seaside was hit with a 37- foot wall wave so that a pretty big wall that was coming in
such little leverage in the talks of president obama. well, republicans should just get out of the way and let the democrats raise taxes as much as they want. and then let the president take responsibility for party of high taxes. now can i understand senator paul's thinking especially given the fact that the president has already announced ahead of his mano a mano meeting can john boehner that he won't concede an inch on tax cuts. this republican defeatism news broke of jim demint's departure from the senate yesterday. is he a tea party warrior and demint is a hero to part of the g.o.p.'s 2010 midterm route. now he is off to head off a think tank the heritage foundation. let's face it the g.o.p. needs new energy. it needs branding help. heck, we have a lot of issues resolve amongst ourselves before we even from a hope of rebuilding the movement to appeal to new generations of voters. of course, libertarians and social conservatives are probably never going abortion and gay marriage. they must find a way to agree on other critical issues. republican con sis tans on globalization, immigration r
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